SOFTTECHBSESofttech Engineers LtdMediumNeutral
Announced Mon, 11 May · 21:50 IST

Submission of Disclosure under Regulation 29(1) and 29 (2) of SEBI (Substantial Acquisition & Takeovers) Regulations, 2011 received by the Company.

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

SOFTTECH · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹447.50
prior close
₹450.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.4+4.3+4.3+1.2-2.3-4.1-8.3-8.0-6.4-10.2+1.9-8.5-7.7
Up moveDown movePending
AI summary

Fedex Finance Private Limited acquired 22,46,998 equity shares (16.23%) of SoftTech Engineers Limited on May 7, 2026 through open market purchase. Simultaneously, Elimath Advisors Private Limited sold the same quantity of 22,46,998 shares (16.23%), completely exiting its position in the company. Both entities are explicitly stated as non-promoter/non-promoter group entities. The total share capital of the company is 1,38,42,138 equity shares of Rs. 10 each. The same block of shares effectively changed hands between these two entities on the same day.

Likely market impact

A non-promoter entity (Fedex Finance) has taken a substantial 16.23% stake in SoftTech Engineers, while another non-promoter (Elimath Advisors) has fully exited. This represents a significant change in the company's shareholding pattern among public shareholders, though promoter holding remains unaffected.